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Meryl Witmer: Bullish on Trump, Lanamar

This transcript has been automatically generated and may not be 100% accurate.

I ... very strong the Fed uses stock prices already reflect that good news ... by Jack Otter editor of Barron's stock on your Meryl Witmer longtime member of the Barron's Roundtable ... and a general partner at Eagle Capital Partners ... ah let's get your view of the economy in the markets for studies seem to be fairly bullish on from the moments and then ... into Japan ... well I'm I'm relatively bullish assuming ... what he wants to do get put through twelve in it and specifically ... Weller corporate taxes and less regulation I think that's really great ... companies is good for America it's good for productivity has a lot of positive aspects to it ... having said that the markets have been trying ... so it's not like there ... are a panoply of cheap stocks out there but very here and there are certain pockets there are some ... as always you have a company that it never heard of ... you find some really interesting companies to share wheat else ... yes so I Mars one of my recommendations this year ... it's a Canadian company based in Wealth Ontario outside of Toronto ... and they made the highest parts for the auto maker see only APM's ... and it's mainly the Driveline ... and the power to use what they do ... and they also have another division division that makes Israel lives under the name of Skycatch ... that's also very good business ... in an oligopoly ... no are you bullish on the auto industry or you think that that this week and do well where Brussels to create a great question I think will do well almost a metre wide auto sales to ... the area there and ... is the area that's ... almost all made in house now by the OEM stands in the process of being outsourced ... to seventy seven eighty eight percent is done in house now ... that's all getting outsourced Lennar Mars one of the few who can make many of the parts inequality ... that the automakers need ... transmissions accept that very very important how Paccar operates ... and that they're going to make time terms of earnings we think I'll make in twenty sixteen ... about seven dollars and thirty cents a share ... the stock is sixty dollars Canadian ... and aam with the Barney ... announced it signed deals that they have ... a similar flat on her sales ... will grow thirty percent over the next four years and make about nine dollars for more than twenty twenty ... so we think it's very very cheap ... they have very very high returns on capital employed ... twenty percent plus of pretax ... so it's quite a company ... was started by scratch from scratch ... aam by an immigrant to Canada ... and he's built this into a four billion dollars equity cap company it's really quite something that is an easy I'd I'd get there but once they do mean roughly seventy percent a year or thirty percent a year growth of thirty percent total of ten gas right but still pretty good multiple of eight percent ... absolutely and it could it could grow more this is what they've already signed to me you know continue to